Safe Restart Agreement funding supports reliable public transportation and affordable fares in British Columbia
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Victoria, British Columbia, December 4, 2020 – People throughout British Columbia will continue to have access to safe, reliable and affordable public transportation as the province restarts.
Agreements for Safe Restart Agreement funding have been signed with TransLink, BC Transit and BC Ferries.
Contribution agreements with the three transportation agencies have been finalized. These agreements set out specific details and requirements of the three agencies as they share in the $1.038 billion in funding from the Government of Canada and Province of British Columbia under the federal/provincial Safe Restart Agreement.
With these agreements, people will have certainty that the public transportation they rely upon will remain available and affordable as part of British Columbia’s Restart Plan. At BC Ferries, this means no fare increase this fiscal year ending March 31, 2021, and that future increases over the next three years will be limited to rate caps established prior to the pandemic. Minimum service levels and additional sailings to meet community needs will be maintained through at least the next three years.
Any fare changes for BC Transit and Translink are capped at affordable levels through to BC Transit’s fiscal year end of March 31, 2024 and TransLink’s fiscal year end of December 31, 2024.
The Province of British Columbia has worked closely with the agencies to fully understand the financial impacts on their operations arising from the pandemic, including additional COVID-19 safety measures and measures to keep fares affordable.